Convert Canadian Dollar to Romanian Leu
Please provide values below to convert Canadian Dollar [CAD] to Romanian Leu [RON], or Convert Romanian Leu to Canadian Dollar.
How to Convert Canadian Dollar to Romanian Leu
1 CAD = 0.314403729001292 RON
Example: convert 15 CAD to RON:
15 CAD = 15 × 0.314403729001292 RON = 4.71605593501938 RON
Canadian Dollar to Romanian Leu Conversion Table
| Canadian Dollar | Romanian Leu |
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Canadian Dollar
The Canadian Dollar (CAD) is the official currency of Canada, used as the country's primary medium of exchange and store of value.
History/Origin
The Canadian Dollar was introduced in 1858, replacing the Canadian pound, and has since evolved into a stable currency, with its value influenced by Canada's economic policies and global markets.
Current Use
Today, the CAD is widely used in Canada for everyday transactions, international trade, and as a reserve currency, with its value fluctuating based on economic conditions and currency markets.
Romanian Leu
The Romanian Leu (RON) is the official currency of Romania, used for all monetary transactions within the country.
History/Origin
The Leu was first introduced in 1867, replaced by the Romanian Leu in 1952 after a currency reform, and has undergone several redenominations, with the current form established in 2005 to stabilize the economy.
Current Use
The RON is actively used as Romania's primary currency for everyday transactions, banking, and international trade, with coins and banknotes issued by the National Bank of Romania.